The Intercontinental Exchange Group is reportedly set to spin-off Euronext, just six months after it acquired the exchange through its purchase of NYSE Euronext.
According to reports, ICE plans to float Euronext in an initial public offering later this year, beginning in Paris, Amsterdam and Brussels, and later in Lisbon.
Euronext was …read more
As Hong Kong’s new competition law is set to go into effect next year, its Competition Commission is now seeking the funds to adequately enforce the legislation.
According to reports, the Commission’s chairwoman Anna Wu Hung-yuk spoke at the economic development panel before the Legislative Council, telling lawmakers, “if we don’t …read more
Three Japanese car parts manufacturers have been slammed with $7.42 million in fines for price-fixing claims by Singapore antitrust authorities, reports say.
The Competition Commission of Singapore issued the fines against Nachi Fujikoshi, NSK and NTN. The sanctions compound the global auto parts price-fixing crackdown, which has so far been tackled …read more
Germany engineering giant Siemens has reportedly appealed to French lawmakers to promote its planned acquisition of French competitor Alstom in part of the company’s plans to strengthen its position against US rival General Electric.
According to unnamed sources, Siemens is looking to acquire Alstom power assets in exchange for about $7 …read more